WHITSETT-ESSE
WHITSETT-ESSE is a Texas oil lease in Live Oak County, Railroad Commission district 02, operated by Marathon Oil Ef LLC. It has 4 wellbores on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 313,221 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $132K, with roughly $79K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 252 barrels a month, about 63 per wellbore. Its strongest month on the record we hold was November 2017, at 2,229 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about WHITSETT-ESSE
- Who operates WHITSETT-ESSE?
- WHITSETT-ESSE is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
- Where is WHITSETT-ESSE?
- WHITSETT-ESSE is a Texas oil lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10465.
- Is WHITSETT-ESSE still producing?
- WHITSETT-ESSE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHITSETT-ESSE is August 2026.
- How much has WHITSETT-ESSE produced?
- WHITSETT-ESSE has reported 313,221 barrels of oil (bbl) to the Railroad Commission of Texas between December 2012 and August 2026, from 4 wellbores.
- How much is WHITSETT-ESSE worth?
- The remaining production from WHITSETT-ESSE is estimated to be worth about $132K in total as of 27 August 2026, within a range of $103K to $161K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHITSETT-ESSE is a fraction of it. The estimate fits an Arps decline curve to the production WHITSETT-ESSE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WHITSETT-ESSE is an estimate of value, not an offer and not an appraisal.
- How much income does WHITSETT-ESSE generate in a year?
- WHITSETT-ESSE is forecast to net about $79K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WHITSETT-ESSE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Ef LLC |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 10465 |
| Wellbores | 4 |
| Reported production | 313,221 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $132K |
Where WHITSETT-ESSE sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.